Massachusetts Fishermens Partnership Inc
- Assets
- $216.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 10
- Location
- Gloucester, MA
- Founding
- 04/1996
- Data as of
- 12/2022
- EIN
- 04-3302036
Organization Overview
Massachusetts Fishermens Partnership Inc is located in Gloucester, MA. The organization was established in 1996. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Massachusetts Fishermens Partnership Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Fishermens Partnership Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Massachusetts Fishermens Partnership Inc generated $57.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (27.2%) each year. All expenses for the organization totaled $88.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (22.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE OUTREACH FOR FISHERMEN SAFETY TRAINING, OUTREACH AND ASSISTANCE TO MEMBERS OF THE FISHING INDUSTRY TO ENROLL IN THE AFFORDABLE CARE ACT SPECIFICALLY TO THE MA HEALTH CONNECTOR AND PROVIDE WELLNESS PROGRAMS TO MEMBERS OF THE FISHING INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Barrett President | 2 | $0 | |
Paul Vitale Treasurer | 2 | $0 | |
Jackie Odell Secretary | 2 | $0 | |
John Haviland Vice Preside | 2 | $0 | |
Angela Sanfilippo Executive Di | 5 | $0 | |
William Adler Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,500 |
| Total Program Service Revenue | $55,789 |
| Membership dues | $0 |
| Investment income | $178 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,467 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,977 |
| Professional fees and other payments to independent contractors | $9,344 |
| Occupancy, rent, utilities, and maintenance | $2,607 |
| Printing, publications, postage, and shipping | $236 |
| Other expenses | $21,219 |
| Total expenses | $88,383 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $214,672 |
| Other assets | $0 |
| Total assets | $216,028 |
| Total liabilities | $799 |
| Net assets or fund balances | $215,229 |